Why Set Up Your Business in Indonesia?
Setting up your very own business in Indonesia is strategically sound decision. Why? Because the environment is perfect, cost of living is low, the country is home to plenty of multinationals , the market and economy have continued to expand, and the rate of tourism is very high. What’s more, Indonesia is also one of the most sought after countries to live in due to the various facilities and amenities it gives to the residents and business people.
Unlike other predominantly Muslim states, the overall air of the country is diverse and rich in culture. With a stable democracy and political calm, Indonesia is one of the best places to consider moving to and setting up your very own business. Here are some more reasons why you can start your own business in Indonesia.
A Huge Market
The population of Indonesia is more than almost 250 million. This means that market for business is continuing to grow literally each day. Not only does it create lots of employment opportunities, it also means that the sales and revenues will likely go up in the upcoming time. Did you know that Indonesia’s economy is one of the largest of Southeast Asia? It is actually one of the members of G20 economies of the world. If you have been thinking of some export business then you are in luck because some of the largest market for Indonesian products is in China, Singapore, US and Japan.
Networking Gets Things Done
This is something that all people who come with the aim to do business must understand. Things get done and businesses are run on the bases of networking. What business people need to do is make contacts with the locals and earn their trust. As soon as this is done, doing business becomes easier and more successful. If you have close ties with the locals, your business will automatically be more favored compared to others in the market.
Location is everything when it comes to business startups. And Indonesia has one of the largest waterways of the East. This means that you will have ample opportunities to not only distribute your products to the locals, but also have it exported to other neighboring countries like Malaysia, Australia, Singapore and Philippines.
Cost of Living is Low
The greatest thing about Indonesia is that unlike the developed countries in West, cost of living here is very cheap. Be it the rents or schools, food or entertainment, everything is easy to access for the ordinary person. You will have no trouble surviving on less while you setup your business and get it started.
There are quite a few expat organizations running throughout the country. This means that they provide all kinds of assistance as well as support to people who are from their countries. This makes it particularly easy for women to start business setups in Indonesia as they have people guiding and helping them through every phase.